NMDC Infra Acquires 51% Stake in Spain’s Lantania Aguas, Marking NMDC Group’s First European Market Entry
NMDC Group (ADX: NMDC), a global leader in engineering, procurement, construction, and marine dredging, has announced that its wholly owned subsidiary, NMDC Infra, has signed a strategic agreement to acquire a 51% stake in Spain’s Lantania Aguas, the water and wastewater subsidiary of Grupo Lantania. The move marks NMDC Group’s first entry into the European market, further expanding its global footprint and diversification strategy.
Under the terms of the agreement, Lantania Aguas will be rebranded as Lantania NMDC Water following completion of the acquisition, with Grupo Lantania retaining the remaining 49% stake. The existing management team of Lantania Aguas will continue to lead the company, ensuring business continuity and operational strength. The transaction remains subject to customary regulatory approvals.
Strategic Expansion into the Water and Wastewater Sector
The acquisition expands NMDC Infra’s portfolio into the water desalination, treatment, and purification sectors, aligning with the Group’s goal of addressing global challenges related to water scarcity and sustainable resource management.
Combining NMDC’s extensive technical and commercial capabilities with Lantania’s engineering expertise, Lantania NMDC Water will emerge as a global operator in water infrastructure. The company will employ over 300 professionals and manage a project backlog exceeding AED 2 billion across several countries.
Operating under a joint management structure, the newly formed entity will strengthen its technological, financial, and operational capacity, supporting growth across key regions, including the Middle East, North Africa, Southeast Asia, South Asia, Europe, and Latin America.
Leadership Perspectives on the Acquisition
Eng. Yasser Zaghloul, Group CEO of NMDC Group, highlighted the strategic significance of the acquisition:
“This acquisition marks NMDC Group’s first entry to the European market as we are set to export UAE-grown capabilities and scale to complement Lantania’s proven expertise. It also aligns with our strategy of expanding and diversifying NMDC Infra’s portfolio offering across many of the world’s most dynamic industries and markets. Through Lantania NMDC Water, we reaffirm our commitment to harness innovation and advanced solutions for a more sustainable future.”
Federico Ávila, Chairman and CEO of Grupo Lantania, described the partnership as a defining moment for both organizations:
“This alliance marks a milestone in the history of our company and a turning point for Lantania Aguas. NMDC Group’s technical and commercial strength, combined with Lantania’s engineering capabilities, will allow us to jointly undertake major projects and establish a global benchmark in sustainable water solutions. Together, we aim to promote innovation, energy efficiency, and sustainability in every project, contributing tangibly to global water security.”
Advancing Global Water Infrastructure
The formation of Lantania NMDC Water represents NMDC Group’s continued commitment to diversification and sustainable growth. With the addition of water desalination and wastewater EPC services to its existing infrastructure portfolio, NMDC Infra strengthens its position as a comprehensive engineering and infrastructure leader serving global markets.
This strategic acquisition not only reinforces the Group’s role in delivering innovative environmental solutions but also reflects the UAE’s growing influence in shaping sustainable industries worldwide.
